Articles

If you feel like you’re not getting ahead with your traditional savings account, you’re not alone. Most banks keep 80–90% of the profits they generate with your deposits - passing only a fraction back to you. As of March 2025, the national average savings rate in the U.S. is just around 0.5%, while inflation averages around 3%, after peaking above 9% in mid-2022. That substantial gap means money kept in traditional savings accounts is quietly losing value and purchasing power year after year. #DEFI #NOOK #NOOKSAVINGS